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Oil Ends Month With A Bang, Analysts Think Bullish Spirit May Endure
Jul 31, 2023 ... squeeze, the coming supply deficits are getting too big to ignore." The September contract for Brent rose 0.7 percent to close at $85.56 per barrel, while the more actively traded October ...
BUNKER PRICES: G20-VLSFO Index Rises for Sixth Consecutive Session
Jul 31, 2023 ... Index climbed by $7/mt to $551.50/mt, while the G20-MGO Index gained $14/mt to $883/mt. ICE Brent crude futures gained $0.75/bl to $84.99/bl on Friday. VLSFO prices at the top ports mostly ...
BUNKER PRICES: G20-VLSFO Index Rises for Fifth Consecutive Session
Jul 28, 2023 ... by $6/mt to $544.50/mt, while the G20-MGO Index gained $10.50/mt to $869/mt. ICE Brent crude futures gained $1.32/bl to $84.24/bl on Thursday. VLSFO prices at the top ports had ...
Oil Re-enters Overbought Territory As Traders Resume Worrying About Supply
Jul 27, 2023 ... a report that, "We see the oil market undersupplied…we retain a positive outlook and look for Brent to rise to $85–90 over the coming months." In other oil related news, AAA data published ...
BUNKER PRICES: G20-VLSFO Index Climbs to 14-Week High
Jul 27, 2023 ... by $3/mt to $538.50/mt, while the G20-MGO Index gained $9/mt to $858.50/mt. ICE Brent crude futures lost $0.72/bl to $82.92/bl on Wednesday. VLSFO prices at the top ports ...
Oil Trading Sentiment Turns Sour As Rates Hikes And Disappointing Stock Draws Kick In
Jul 26, 2023 ... draw was all it took to send skittish traders back to their bearish stance on Wednesday. Brent settled down 72 cents, or 0.9 percent, at $82.92 per barrel, while West Texas Intermediate ...
BUNKER PRICES: G20-VLSFO Index Advances to Three-Month High
Jul 26, 2023 ... by $0.50/mt to $535.50/mt, while the G20-MGO Index gained $10/mt to $849.50/mt. ICE Brent crude futures gained $0.90/bl to $83.64/bl on Tuesday. VLSFO prices at the top ports ...
Optimism Over China Intervention, Market Tightness, Extend Oil's Gains
Jul 25, 2023 ... point rate hikes this week, which has the potential to end oil's rally – at least temporarily. Brent on Tuesday settled up 90 cents at $83.64 per barrel, and West Texas Intermediate settled up ...
BUNKER PRICES: G20-VLSFO Index Jumps to Four-Week High
Jul 25, 2023 ... by $6.50/mt to $535/mt, while the G20-MGO Index gained $17.50/mt to $839.50/mt. ICE Brent crude futures gained $1.67/bl to $82.74/bl on Monday. VLSFO prices at the top ports had a ...
Oil Up Again As Fickle Traders Focus On Tight Supply, Not Rate Hikes
Jul 24, 2023 ... over bank rate hikes and boosted the commodity by 2 percent to a near three-month high. Brent settled up $1.67, or 2.1 percent, to $82.74 per barrel (the highest close since April 19), ...
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